Legislative Activity
Track Vicente's sponsored bills, co-sponsored legislation, and voting record
The "Increasing Credit Union Lending for Business Growth Act" increases the loan amount credit unions can offer to small businesses from $50,000 to $100,000.
Vicente Gonzalez
Representative
TX
Vicente Gonzalez
Representative
TX
The "Increasing Credit Union Lending for Business Growth Act" amends the Federal Credit Union Act, increasing the loan amount credit unions can offer to small businesses. The bill raises the limit from $50,000 to $100,000, with the goal of expanding credit access for small businesses.
The Veterans Member Business Loan Act amends the Federal Credit Union Act to include loans to veterans as member business loans, as defined in title 38, section 101 of the U.S. Code. These changes will take effect six months after the Act is enacted.
Vicente Gonzalez
Representative
TX
Vicente Gonzalez
Representative
TX
The Veterans Member Business Loan Act amends the Federal Credit Union Act to include loans to veterans as member business loans. The term "veteran" will be defined according to title 38, section 101 of the U.S. Code. This change aims to support veteran entrepreneurship by increasing their access to capital through credit unions. The changes will be effective six months after the enactment of this Act.